BTC SHORT TP:88,000 20-12-2024I am looking to open a short position in BTC, with a target set below 88,000. Entry points are available both now and below 101,000. It is essential to set stop losses above 103,200 to safeguard the investment. This movement is expected to unfold within a timeframe of 4 to 8 days. As the trade progresses, I will provide updates, so to stay informed, I invite you to activate notifications and follow me. #Bitcoin #Trade
Btcsell
FVG Rejection: Bitcoin Sell Opportunity at 96,500!📍 FVG Resistance: 96,500
Price has reached the Fair Value Gap (FVG) at 96,500, which could act as a resistance level.
📉 Reversal Patterns: If patterns like Double Top or Bearish Engulfing form at this level, the sell signal is confirmed.
🎯 Sell Targets:
First target: 90,000
Second target: 87,000
🔴 Stop Loss: Above 99,800
✅ Conclusion: If price rejects at 96,500 and reversal patterns form, enter the sell trade.
BTCUSDT 1D - Resistance ZoneBTCUSDT 1D - Resistance Zone
TRADEX BOT NEWS:
First strategic tests with the bot, offered spectacular results of 20% profit with "ALL" trades in positive (24h).
We continue working on the small problems that have arisen, but for a diamond to become brilliant, the edges must be polished :)
Thank you!
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BTCUSDT 1D - Resistance Zone
We are in a high resistance zone and we will see if BTC manages to break it and consolidate prices above.
BTC LEVELS:
Resistance: 93k-95k
Support: 68k - 72k
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Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or another, taking the necessary deposits from your portfolio.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the process of development and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, educate yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
BTCUSDT 1D - Whales Need to EatBTCUSDT 1D - Whales Need to Eat
TRADEX BOT NEWS:
First strategic tests with the bot, offered spectacular results of 20% profit with "ALL" trades in positive (24h).
We continue working on the small problems that have arisen, but for a diamond to become a brilliant, the edges must be polished :)
Thank you!
_______________________________________________________
BTCUSDT 1D - Whales Need to Eat
BTC seems determined to hit 100k in one push, but it seems to be showing early signs of weakness.
It has reached 89K without touching 90k by a few hundred $$$. It will probably reach it soon, but it is also likely to take a breather.
There are many open positions below that whales need to eat to gain momentum and continue to rise.
We just have to be careful. Nothing new in the crypto world. :)
LEVELS:
TP: 108K - 110K
SL: 64K
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Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or the other, taking the necessary deposits from your portfolio.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the process of development and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, educate yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
BTCUSD: High chance to see 75k+ soon. Here's why!Please see previous btc ideas for more context
☝️Do not act based on my analysis, do your own research!!
The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
BTCUSD Major Sell NOW!Simple trading - Heads and shoulder
BTCUSD is dropping below the 1hr heads and shoulder pattern.
2 things will play out here,
1. BTC will continue to drop to target @60k or retest the previous resistance @62k then drop to the 60k level.
2. BTC will reject the head and shoulders pattern and regain bullish strength back up to 64k
**If BTC fails to remain above 60k price may fall to to 57k (daily support)
BTC Analysis (27th April 2024)
Crypto Analysis (27th April 2024)
BTCUSD Analysis
On the 4 hour timeframe, price action has swept the buyside liquidity and created a bearish Change of Character, leaving behind a large 4 hour bearish FVG.
Price retraced into the fvg, respected it and continued to create a 4 hour Bearish BOS.
Dropping to the 1 hour timeframe, price has created a 1 hour Bearish unmitigated orderblock we can look to take sells from if bearish confirmations shows after testing the OB.
Else, if price decides to break past the bearish OB, we can capitalise on a break and retest to continue higher.
BTC !! Adjust before HAVING zone 60,000⭐️ Smart investment, Strong finance
⭐️ CRYPTO INFORMATION:
Bitcoin's price has experienced a significant decline since April 9. However, the downward trend has become more pronounced in recent days due to three primary factors.
Firstly, the escalating confrontation between Iran and Israel has contributed to the market's unease. The former Mossad intelligence chief's statement suggesting a potential strike on Iran's nuclear facilities has heightened tensions and caused panic among investors. As a result, many are seeking refuge in traditional assets like gold and silver, further impacting Bitcoin's price.
Secondly, Federal Reserve Chair Jerome Powell's recent hawkish stance has added to the market uncertainty. In a Tuesday announcement, Powell expressed the Fed's continued lack of confidence in inflation levels. He indicated that interest rates may remain higher for an extended period. This unexpected reversal caught the market off guard, as it had been anticipating a rate cut in June. Now, there is doubt regarding the possibility of any rate cuts in the near future.
Lastly, the ongoing COVID-19 pandemic and its impact on global economies have also played a role in Bitcoin's price crash. As countries struggle to contain the virus and deal with its economic repercussions, investors are becoming increasingly cautious and seeking safer investment options.
These catalysts, combined with other market factors, have contributed to the current decline in Bitcoin's price.
⭐️ Personal comments NOVA:
BTC corrects around $60,000 before HAVING. Price range $50,000 - $52,000 is a good price range for the uptrend period to begin
⭐️ SET UP BTC PRICE:
🔥SELL BTC zone: $64.200 - $63.900 SL $64.700
TP1: $63.000
TP2: $61.500
TP3: $60.000
🔥 BUY BTC zone: $60.000 - $60.200 SL $59.400
TP1: $61.500
TP2: $62.200
TP3: $63.000
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
BTC Gonna Short For More Long!BTC created double top with bearish butterfly pattern with divergence. Technically short anticipated. And you are know that a structure market until to see pullbacks meaning longs getting liquidated instead of breakouts getting shorts liquidated. So its a solid short pattern.
Bitcoin Falling to $35,000!? The Ascending Wedge Calls for Doom.Bitcoin has fallen out of the 4HR bull channel and failed to break above the Weekly Resistance 3 times. This is a decent short-term sell signal that if your trade is managed properly, the probability of profit is on your side.
How do we trade this?
Bitcoins macro trend is bullish, so we must exercise caution when considering a short. While the trend is a major data point, we must also consider the rest of the picture in front of us. Bitcoin has failed three times to break Weekly Resistance, a reversal signal. We've fallen out of the 4HR bull channel, another signal to sell. There's a gap to minor support which has been tested twice and the RSI is below the Moving Average with room to fall; all data points in favor of a short.
It is reasonable to have a short-term sell bias on this 4HR timeframe but proceed with caution. The first sign of a bull reversal bar closing on or near its high means it's time to exit the trade.
Trade Idea:
Short Entry: $37,630
Stop Loss: $38,270
Take Profit: $36,350
Risk/Reward Ratio: 1:2
Key Takeaways
1. Fell out of Bull Channel, Now in Ascending Wedge.
2. Currently re-testing bull channel support.
3. Gap down to Minor Support at $36,200.
4. RSI at 48.00 below Moving Average, Bias to Short.
5. Short to Minor Support.
You are solely responsible for your trades, trade at your own risk!
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BTC EMERGENCY !!!After the postponement of Bitcoin tradable funds, we saw the market fall to the $34,800 area, which is currently correcting its previous wave.
Apart from the fact that this news had a negative impact on the market and some people started giving bearish strategy ideas, but the mood of the majority of people is positive for the growth of Bitcoin.
As I explained in one of the previous analysis, the reason for the fall of Bitcoin if it happens, I decided to do another bearish analysis, which I hope will fail like last time.
If Bitcoin can recover the level of $38,000, there is a possibility of growth and failure of the analysis.
But if Bitcoin loses the level of $36,000 and the weekly candle stabilizes below this price in 2 days and 7 hours, we will see the nature of the market change to a bearish one.
BTC will continue to rise next weekBitcoin (BTC) is up over 120% since the beginning of the year, showing that sentiment towards the crypto asset has improved significantly. Due to the large volume of purchases, the number of wallet addresses holding more than $1 million in Bitcoin this year has jumped from 23,795 on January 1 to 81,925 now, according to data from BitInfoCharts.
After a significant price rally, Bitcoin could face headwinds in the short term as investors digest macroeconomic data and events taking place this week. The Consumer Price Index will be released on November 14th, followed by the Producer Price Index on November 15th, which could lead to short-term fluctuations.
Short-term retracements are healthy for long-term market trends.
Bitcoin manipulation and scenarios of further price movement 🔥Monday started very stormy for the crypto market.🔥💥⚡️📉
And it showed that not only Elon Musk can manipulate the market. 😆 And while waiting for positive news, a random fake can create a storm in the desert. What happened today, when Mr. Bitcoin flew from 27.9k to 30k. The truth came out within 5 minutes, regarding BTC-ETF, and the price returned back, from where it started its flight "to heaven".
🗣What is my opinion: We have a lot of uncollected liquidity left at the bottom, which is needed, at a minimum, to break through 30K, as a maximum to go above 30+K. Liquidity is collected at the levels: 27.1K, 26.6K, 26K. That is where the price should come.
Given that today the price has returned to the ascending D1 Channel, several scenarios are possible:
🔲1. The price will now move within the price channel, forming a Head and Shoulders, after which it will take away liquidity.
🔲2. The price will break through the ascending channel immediately and, having tested it, will take away liquidity.
In any of the cases ‼️ ALWAYS ‼️ calculate your risks and operate your money management correctly. 🧰
The market is always unpredictable. 🔥
And very often, in addition to the news factor, other fundamental and statistical factors coincide, which greatly affect volatility.
CRYPTOCAP:BTC #BinanceSquare #Binance #Bitcoin #BTC #etf
Bitcoin | Fundamental and technical analysis for July.Hello;
1. There is a negative divergence on the RSI on the Bitcoin weekly chart.
2. There is a bearish shark harmonic pattern on the Bitcoin daily chart.
3. The fact that the FED skips the rate hike in June and all FED members approve the rate hike 3 times until the end of 2023 at each meeting means that the price of bitcoin will fall.
4. Now that June is over and there will be a FED meeting on the 26th of July, I predict that this month will be a bearish one.
5. The negative divergence in the technical view and the highest level of RSI in the daily chart support this.
6. When Bitcoin price reaches $21,750, I predict that it will touch the trend line I have drawn on the weekly chart.
7. It is not known whether a new uptrend starts after the trend line, but my predictions are in this direction at the moment.
8. I added the bearish shark harmonic pattern, which was formed after the last rise in prices on the Bitcoin daily chart, as an image on the weekly chart.
Good luck everyone.
BTC SETUP"Support levels are indicated in green, from weakest to strongest at the bottom, and resistance levels are also indicated from weakest to strongest. You can enter buy and sell trades based on them."
Please note that support and resistance levels are commonly used in technical analysis to identify potential levels at which the price of a financial instrument may reverse or encounter obstacles. Traders and analysts use these levels to make informed decisions about entering or exiting trades.
BTC Short Idea, ABC, Head and Shoulder and Double Top.What do you need more to go down :))))
This could be a nice example: OKX:BTCUSDT.P
BTC Short Scalp
EP : Limit Order - 27700
TP: 25200 ,
SL : 27850
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